Olam ARISE P&L stake sale remains ‘uncertain’ as approvals are pending

The 32.4% stake sale was initially expected to close by the end of last year.

Olam Group Limited has secured progress on lender approvals for the proposed sale of its remaining 32.4% stake in ARISE P&L Limited, according to a bourse filing dated 14 January.

The approvals allow Olam to seek shareholder and regulatory approvals, but the transaction’s completion remains conditional and uncertain.

The sale, first announced in April 2025 under a conditional agreement with Equitane DMCC, was initially expected to close by the end of last year.

The company plans to complete the proposed disposal as soon as all approvals are received.

It will issue further updates in line with Singapore Exchange Securities Trading Limited rules if there are material developments.

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